Details2,819 SF, single family residence, 4 bedroom, 3 bath house, with a poolThe house is in a very desirable location.Market Value - $950,000Mortgage Balance - $226,137 (10 years left)Martgage Payment - $2,250/moInterest Rate – 3.5% Average Rental comps - $4,430/mo (looking at the comps I think it is above average)It certainly looks like it would cash flow, but that leaves buying a new house with a small downpayment and high interest rate.

While multi-family is a perfectly good place to start, I would tell you that it is often more competitive than single family homes… maybe just due to there being less of them in general, and being more desirable by investors.  

Located in a beautiful neighborhood desirably close to schools, shopping and all the amenities Aberdeen has to offer!

If you end up being hooked like many investors here are, your desire to learn strategies to achieve your goal will only grow.

My first duplex Brrr gave me and my wife over $300k equity fairly fast while also allowing us to live at very low cost in an extremely desirable area. 

With a fresh perspective and a strong desire to learn, I am committed to building a solid foundation of knowledge and experience.

These can be lease terms like charging a bit more for a month to month term or charging more for a more desirable unit.

This is what the above illustration shows.Once you know the property profile that will attract your desired tenant segment, you can find properties, either off-market or on the MLS.You make all decisions based on achieving financial freedom, and there's little luck or guessing required.

I would imagine there is a scenario or scenarios running through your head  which is prompting this discussion and desire to transfer title to an LLC.

@Lamar AthillWhen it comes to Wholesaling it is important to understand that it actually revolves more about marketing then actual "Real estate-ing"you market for off-market sellers while market for buyers to get that spread.It is relatively easy to get into the field, but takes a bit of work to make it sustainable on an ongoing basis.I would say the first thing is to really understand the buyer criteria your markets and what houses are desirable and point your efforts there.